Plan Ledger DOL Form 5500 · updated monthly

Michigan Pain Consultants, PC401(k)

MICHIGAN PAIN CONSULTANTS, P.C. 401(K) PROFIT SHARING PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.56%

Michigan Pain Consultants, PC reported $66,077 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (1,595th of 2,619), and 5,996th of 11,911 in health care & social assistance. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,165,283
Participants with balances89
Active participants0
Employer contributions$295,665
Employee contributions$257,198
Employer contribution per active participant—
Average account balance$102,981
Benefits paid to participants$7,580,643
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,547
Investment management$28,530
Total administrative$66,077
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$25,365
RIVERSEDGE ADV RET SOLUTIONS LLC · Recordkeeping · Loan processing$12,182
GRAND WEALTH MANAGEMENT, LLC · Investment advisory (plan)$28,530
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$66,077 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
The Lighthouse, Inc. MI$9.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382561725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.